KIM Mining Corporation

KIM Mining Corporation PT. Karya Intan Maksima (KIM) is an Indonesian focused iron sand mining company Karya Intan Maksima (KIM) is an Indonesia focused iron sand mining company. H.

This family-owned company is founded by Mr. Hidayat Achyar, SH., who is also now acts as our Chief Executive Officer. Notarily, this company has been established since 2004 and last renewal was conducted on 30 May 2011. In late 2010, KARYA INTAN MAKSIMA has decided to enter iron sand mining business and is currently granted an off-shore iron sand concession area of 2237.27 ha at Posowani Block, No

rth Loloda District, North Halmahera Region, Maluku Province. Our debt-free company with adequate startup capital has allowed us to consistently moving forward in obtaining all necessary legal documents and conducting exploration. As of now, we are on the progress of obtaining Environmental Impact Analysis permit, which is scheduled to be granted on this coming September 2011. Very soon, we will be ready to serve the demand of our distinguished clients.

Address

Jl. Tebet Barat IX No. 10
Jakarta
12810

Telephone

+62 21 8378 0355

Products

PT. KIM will sell its iron sand under the brand name of "Intan Iron Sand", with targeted grades of minimum 55% of total Fe, and less than 5% for TiO2. Further specifications in details will be informed shortly after analysis from the lab is formally out.

In an effort to secure future sales amidst the increasing of iron sand demand which is in line with the ever increasing need on steel for urban development and infrastructure, the Company is now focusing to implement marketing strategy that included: Commitment to Product Quality, Commitment to Customer Service, Coordination, and Supply Chain Management System. Sales will be made under longterm sales contract and through spot market, while selling price is always based on international iron ore prices. Although the Company aims to sell iron sand to export markets at international market price, as a new comer in the market, we are open to a mutual business transaction that in return would render mutual benefits for our customers and the Company.

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